Investment firm launches smart meter bond fund

An investment firm has launched a smart meter bond fund, initially aiming to raise £10 million. Foresight Group claims it is the first of its kind offering for the roll out of smart meters. The funds raised will generate returns by lending to companies that own, operate and rent smart meters to energy suppliers in […]

RWE completes sale of 37MW UK solar plant

German utility RWE has completed the sale of its 37MW solar power plant in the UK. The Kencot solar farm, sold to Foresight Solar Fund, is located on a former wartime airbase around 20 miles west of Oxford and was connected to the grid last year. Built by Conergy, the project has 144,000 panels and […]

RWE invests in first UK solar energy project

German utility RWE’s trading arm has bought its first solar project in the UK. The ground mounted 37MW solar project to be built at Kencot Hill Farm, a former wartime airbase around 20 miles west of Oxford, is hoped will be one of the largest in the UK. RWE Supply & Trading said UK-based arm […]

UK green bank’s first Northern Ireland investment

The Green Investment Bank (GIB) has completed its first investment in Northern Ireland, supporting renewable energy generation in the country. It has invested £20 million for the construction of a 15.8MW wood-fuelled combined heat and power (CHP) station at the Londonderry Port and Harbour Commissioners land at Lisahally. The Evermore project – forecast to be […]